Organization of the Petroleum Exporting Countries

Established in 1960, the mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry. The OPEC Secretariat, the executive organ of the Organization, is located in Vienna, Austria and functions as its headquarters.

www.opec.org